Receipt of Letter of Award pursuant to regulation 30 of SEBI (LODR) Regulations, 2015

Govt Defence OrderBusiness Updates View source PDF Explain this filing

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+5.0%Reaction day

₹201.80

prior close

₹211.85

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+2.4%+2.6% vs market

Civil Construction peers, median of 83sector+2.6%+2.4% vs sector

On the reaction day the stock moved 2.6 pts more than Nifty Microcap 250 and 2.4 pts more than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.0

10m

+0.0

15m

+0.0

30m

+0.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+5.0+2.4+2.6+2.6+2.4

Next day

+4.6+1.1+3.5+0.9+3.7

+6.5+4.6+2.0+4.4+2.2

+12.0+7.9+4.0+7.6+4.4

+16.9+8.8+8.1+8.5+8.5

+10.1+9.6+0.5+9.1+1.0

+8.0+12.2-4.2+11.9-3.9

15d

+26.5+8.6+17.9+6.4+20.1

+21.4+6.2+15.2+3.0+18.4

+10.7+22.7-12.0+19.1-8.4

+11.5+23.5-12.0+16.5-5.0

UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 83Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Desco Infratech has received a Letter of Award worth approximately ₹11.87 crores (inclusive of GST) from Bharat Petroleum Corporation Limited (BPCL), a Government of India Maharatna PSU. The contract covers Last Mile Connectivity (LMC) and Direct Marketing Services (DMA) activities along with associated works for City Gas Distribution (CGD) in Bahraich. The project is to be executed over a period of 14 months. The order is domestic in nature and there is no promoter group or related party interest in BPCL. The work is to be carried out as per the terms and conditions of the contract.

Likely market impact

This is a new order win from a large government-owned client, adding revenue visibility for the next 14 months. For a small-cap company like Desco Infratech, a PSU-backed contract is a positive signal for business credibility and could support the order book, though the size needs to be weighed against the company's overall revenue base.